Assume that you are an industry analyst for manufacturers


Question: Assume that you are an industry analyst for manufacturers who build the capital equipment used in the manufacture of computer chips. You have been asked to develop and represent an industry viewpoint on a government-funded training program for engineers who can design and produce the chips using your equipment. Explain whether the engineers and your equipment are substitutes or complements in the production of computer chips. Prepare a graph that describes the effects of the training program on the output and price of your computer chip equipment and write a short paragraph explaining your industry position.

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Finance Basics: Assume that you are an industry analyst for manufacturers
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